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Food & drink

Loungers to open another three sites in second half as sales climb by 25% post-lockdown

In a trading update for the 13 weeks to October 4, 2020, the firm said like-for-like sales climbed by 25%

Loungers PLC (LON:LGRS) has said it expects to open a further three sites in the current financial year ending next April.

The café and bar operator opened three new sites recently, the latest in Sittingbourne earlier this week.

READ: Loungers helped by Eat Out to Help Out with summer sales jumping by a third

In a trading update for the 13 weeks to October 4, 2020, the firm said like-for-like sales climbed by 25% post-lockdown, with all 168 Loungers sites remaining open despite the ongoing restrictions.

“We anticipate further interruptions to trade in the coming weeks and months, but take confidence from our continued market out-performance,” Loungers chief executive Nick Collins said in the statement.

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